Page 173 - Stock Exchange Handbook 2020 - Issue 3

Profile’s Stock Exchange Handbook: 2020 – Issue 3 JSE – MOT
POSTAL ADDRESS:POBox1719, Edenvale,1610
Motus Holdings Ltd. EMAIL: justineo@motuscorp.co.za
MOT WEBSITE: www.motuscorp.co.za
ISIN: ZAE000261913 TELEPHONE: 010-493-4335
SHORT: MOTUS COMPANY SECRETARY: Janine Jefferies
CODE: MTH
REG NO: 2017/451730/06 TRANSFER SECRETARY: Computershare
FOUNDED: 2017 Investor Services (Pty) Ltd.
LISTED: 2018 SPONSOR:TheStandardBankofSouthAfricaLtd.
AUDITORS: Deloitte & Touche
Scan the QR code to
NATURE OF BUSINESS: visit our website BANKERS:FirstNationalBankLtd.,NedbankLtd.
Motus Holdings Ltd. (“Motus”) is a South African-based
holding company with a selected international presence CALENDAR Expected Status
primarily in the United Kingdom (“UK”), Australia, and limited
presence in South East Asia and Southern and East Africa. Next Final Results 16 Sep 2020 Estimate
Through its subsidiaries and associates, it operates as a diversi- Annual General Meeting 10 Nov 2020 Confirmed
fied (non-manufacturing) business in the automotive sector. Next Interim Results Feb 2021 Unconfirmed
Motus participates in the entire automotive value chain through
its four business segments namely: Import and Distribution, CAPITAL STRUCTURE AUTHORISED ISSUED
Retail and Rental, Motor-Related Financial Services and After- MTH Ords no par val 394 999 000 192 622 189
market Parts. DISTRIBUTIONS [ZARc]
TheactivitiesofMotus’businesssegmentsaredescribedbelow: Ords no par val Ldt Pay Amt
*Import and Distribution: Exclusive South African importer of Final No 2 17 Sep 19 23 Sep 19 250.00
international vehicle brands such as Hyundai, Kia, Renault and Interim No 1 18 Mar 19 25 Mar 19 240.00
Mitsubishi.
*Retail and Rental: Retails passenger and commercial vehicles in LIQUIDITY: Jun20 Ave 4m shares p.w., R230.0m(95.8% p.a.)
South Africa, the UK and Australia. Rents vehicles through car ALSH 40 Week MA MOTUS
rental outlets in South Africa and neighbouring countries. 10189
*Motor-Related Financial Services: Manages and administers,
service, maintenance and warranty plans for vehicles and 8697
develops and sells value added products and services. Provides
7204
fleet management services, runs an innovation hub and operates
a call centre. 5712
*Aftermarket Parts: Distributor, wholesaler and retailer of acces-
sories and aftermarket parts for vehicles through owned 4219
branches, retail stores, a network of franchised outlets and
2727
specialised workshops. 2019 |
SECTOR: Consumer Srvcs—Retail—Gen Retailers—Specialty Rets Recent Announcements
MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2019 Friday, 19 June 2020: The impact of the COVID-19 virus (“virus”)
Public Investment Corporation 11.09% continues to be felt across the world and in every country in which
Lazard Asset Management (US) 9.49%
M&G Investment Management (UK) 8.44% Motus operates. We experienced a significant decline in demand
for our products and services as a consequence of the implementa-
FINANCIAL STATISTICS
(Amts in ZAR’000) Dec 19 Jun 19 Jun 18 tion of national lockdowns, during which time the businesses and
Interim Final Final (P) officeswereclosedinmostofthecountriesinwhichweoperate.
Turnover 41 954 000 79 711 000 77 001 000 In South Africa, as a result of the initial lockdown announced by
Op Inc 1 831 000 3 620 000 3 593 000 President Ramaphosa, all non- essential operations (dealerships,
NetIntPd(Rcvd) 497 000 774 000 737 000 stores, head offices and distribution centres) were closed from 27
Tax 344 000 714 000 897 000 March2020to12May2020.Theautomotiveindustrywasallowed
Minority Int 4 000 28 000 - 33 000 toreturntotradinginaphasedapproachwithworkersreturningas
Att Inc 895 000 1 868 000 2 346 000
TotCompIncLoss 774 000 1 680 000 2 544 000 follows: 30% from 12 May 2020, 60% from 25 May 2020 and then
Hline Erngs-CO 967 000 1 977 000 1 991 000 100% from 8 June 2020. Despite the staggered commencement of
Fixed Ass 7 327 000 7 023 000 6 786 000 industry trading, the vehicle licence and registration offices only
Inv in Assoc 251 000 258 000 348 000 started opening during the first week of June 2020.
Inv & Loans 631 000 684 000 653 000 In the UK, the lockdown commenced on 23 March 2020. The
Def Tax Asset 1 184 000 1 048 000 782 000 salesshowroomswereclosed,withworkshopsallowedtoremain
Tot Curr Ass 29 660 000 28 586 000 26 917 000 open. Due to the lockdown there were no sales of passenger
Ord SH Int 11 882 000 11 875 000 11 640 000 vehicles andcustomers didnot visit workshops either, however
Minority Int 59 000 - 37 000 4 000 the commercial vehicle workshops continued operating. All
LT Liab 9 629 000 6 716 000 1 914 000
Tot Curr Liab 20 805 000 20 318 000 23 158 000 showrooms and workshops re-opened on 1 June 2020, with no re-
strictions on the number of staff allowed on the premises.
PER SHARE STATISTICS (cents per share) In Australia, all our businesses remained open, albeit at very
EPS (ZARc) 479.00 953.00 1 162.00 reduced sales and servicing of vehicles. We were not required to
HEPS-C (ZARc) 517.00 1 009.00 986.00
Pct chng p.a. 2.5 2.3 - close any of our dealerships based on the Australian Govern-
DPS (ZARc) - 490.00 - ment’s restrictions and regulations put in place commencing on
NAV PS (ZARc) 6 221.00 6 185.00 5 762.00 27 March 2020.
Price High 8 598 10 238 - The health and safety of our 18,000 staff always takes priority. As
Price Low 6 430 7 152 - part of ensuring a safe return to work and a safe working environ-
Price Prd End 8 170 7 312 - ment for the employees who have returned to work, we have
RATIOS sanitised all business and office premises, issued face masks and
Ret on SH Fnd 15.06 16.02 19.86 sanitisers, and ensured staff members practice social distancing.
Ret On Tot Ass 6.57 7.64 8.16
Oper Pft Mgn 4.36 4.54 4.67 We are keeping record of the names and temperatures of those
D:E 1.13 0.82 0.81 who enter our premises, ensuring social distancing and compli-
Int Cover 3.47 4.34 5.30 ance with all health guidelines issued by the Department of
Current Ratio 1.43 1.41 1.16 Health.Wewereabletoleverageoff existing procurement rela-
Div Cover - 1.94 - tionshipstosourceanddistributealltherequiredpersonalprotec-
NUMBER OF EMPLOYEES: 18 600 tive equipment (PPE) to meet safety standards prior to opening
DIRECTORS: Dempster G W (Chair, ind ne), Arbee O S (CEO), the premises for business.
Janse van Rensburg O J (CFO), Cassel K A (Executive), Note: Further information is provided in the full announcement.
Langeni P (ind ne), Mayet S (ind ne), MolokoKR(ind ne),
NjekeMJN(ind ne), Tugendhaft A (ne)
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